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Cities with the most expensive homes in the Owensboro metro area

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Volodymyr Kyrylyuk // Shutterstock
Volodymyr Kyrylyuk // Shutterstock

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Owensboro metro area using data from . Charts show the monthly typical home value since January 2018. All 13 cities and towns with data available were included in the list.

You may also like: Owensboro mid-year housing market review

#13. Rumsey, KY

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#13. Rumsey, KY

- Typical home value: $115,918
- 1-year price change: -26.7%
- 5-year price change: -29.7%

#12. Livermore, KY

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#12. Livermore, KY

- Typical home value: $130,420
- 1-year price change: -15.8%
- 5-year price change: -13.2%

#11. Sacramento, KY

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#11. Sacramento, KY

- Typical home value: $140,056
- 1-year price change: -10.3%
- 5-year price change: -1.4%

#10. Island, KY

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#10. Island, KY

- Typical home value: $140,943
- 1-year price change: -7.2%
- 5-year price change: +14.2%

#8. Calhoun, KY

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#8. Calhoun, KY

- Typical home value: $184,756
- 1-year price change: -8.7%
- 5-year price change: +22.7%

#7. Maceo, KY

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#7. Maceo, KY

- Typical home value: $186,675
- 1-year price change: -5.0%
- 5-year price change: +11.5%

#6. Lewisport, KY

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#6. Lewisport, KY

- Typical home value: $204,946
- 1-year price change: +0.3%
- 5-year price change: +28.7%

#5. Whitesville, KY

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#5. Whitesville, KY

- Typical home value: $211,443
- 1-year price change: -1.2%
- 5-year price change: +27.2%

#3. Hawesville, KY

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#3. Hawesville, KY

- Typical home value: $215,320
- 1-year price change: +7.6%
- 5-year price change: +39.9%

#2. Utica, KY

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#2. Utica, KY

- Typical home value: $247,040
- 1-year price change: +0.6%
- 5-year price change: +31.0%

#1. Philpot, KY

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#1. Philpot, KY

- Typical home value: $279,630
- 1-year price change: +2.1%
- 5-year price change: +28.8%